Let us paint that picture for everyone. I’m going to try to explain how you add intrinsic value on top of your trinsic value to establish a book value after deducting the liability from the two added figures.
Corporate tax rates are constantly changing. Just recently we went from a thirty percent tax rate across the board to a twenty percent. We then have many other tax credits to consider ie: carbon tax’s, company pension tax’s are just a few.
So how does a reported financial statement convey all that to the common investor “ the every day none accountant individuals who take the time to stop and reflect how the numbers can fill in that information for them.
We made mention and gave many hints as to how one does this.
Stay tuned, next week we are going to do that for you. Please remind us should we start to ramble on and on with more hints ect.
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